Petronas’ captive rating boosted by favourable COR: AM Best
May 18 2022 by InsuranceAsia News Staff
MORE FROM: Ratings
-
Malaysia’s Pacific & Orient suffers from lack of diversification: Fitch
- September 26
The firm's COR was 96% in FY 2021 compared with 107% in FY 2020, with a three-year average of 100%.
-
South and South-East Asian reinsurers face inflation, poor returns double whammy: AM Best
- September 21
Pricing increases may not be sufficient for carriers to increase technical profitability despite a five-percentage-point COR improvement since 2019.
-
Prudent reinsurance, low costs anchor Cosco captive’s performance
- September 19
AM Best affirmed financial strength rating of A for the Chinese shipping company subsidiary.
-
Sompo Japan’s 5-year average COR at a ‘strong’ 96.3%: AM Best
- September 19
The rating agency has affirmed the financial strength rating of A+ (superior) to the company and its subsidiaries.
Partner Content
-
Sedgwick: Natural Catastrophes – the growing loss impact globally
Pre-catastrophe agreements among (re)insurers and loss adjusters are crucial to dealing with claims.
-
Guy Carpenter: 2022 Western North Pacific Basin Tropical Cyclone Predictions
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.
Join the mailing list
Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead.
Print Edition
Subscribe to receive our quarterly print magazine.